Breaking News: CFPB Releases Proposed Debt Collection Rulemaking

The Consumer Financial Protection Bureau released the long-awaited Notice of Proposed Rulemaking for the Fair Debt Collection Practices Act today. ACA International’s team is closely analyzing the proposal and will provide initial analysis soon.

Please watch your email for our updates on this tremendously important proposed rule.

ACA will hold a webinar in the coming days to discuss the proposed rule, along with details about its grassroots advocacy response campaign. Members should expect more information about “Taking Action” in response to the proposal over the next few weeks.

To view the rule, please click the following link:
https://files.consumerfinance.gov/f/documents/cfpb_debt-collection-NPRM.pdf

Consumer Financial Protection Bureau

Posted in Debt Collection.